The difference between PGDM and PGDM-BKFS is that PGDM is the general MBA program and the course curriculum comprises all fundamental and cross-sectional areas of management while the course curriculum of PGDM-BKFS is tailor-made for Finance. In the first year for PGDM students are required to study various management-related subjects like Marketing, Finance, HR, and Operation. However, the BKFS course only includes Finance related topics.
TAPMI offers good infrastructure for BKFS. The institute has the largest state-of-arts finance lab in the country with 16 Bloomberg terminals. TAPMI also offers a unique Student Managed Investment Course (SMIC) for the finance stream in which BKFS students work in teams and each team has a mentor from industry currently working in the BFSI Sector. Also, unlike the traditional internship that PGDM students go through the BFS cohort had a two-month study tour in Bombay Stock Exchange where the students had their live projects.
Given below is a comparison between the two courses.
|
Categories |
PGDM |
PGDM-BKFS |
|
Course Name |
Post Graduate Diploma in Management |
Post Graduate Diploma in Management - Banking and Financial Services |
|
Intake |
360 |
60 |
|
Course Fee |
14.3 lakh (2 years) |
14 Lakh (2 years) |
|
>Highest Salary Package |
25 LPA |
25 LPA |
|
Average Salary Package |
11.50 LPA |
12.75 LPA |
|
Recruiting Companies |
Alien Technology, Arcesium, Wipro, Capgemini, ITC, HCL, etc. |
Axis Bank, Yes Bank, HSBC, etc. |
For preparing XLRI, HRM interview, you need to have a good command of the current budget-related issues. This could be done by reading the newspaper thoroughly and be up to date with the current affairs as they are the most predictable topics to be asked by the interviewer.
From the bachelor’s degree, select any two subjects of your interest and prepare them well. Try to improve the communication skills, be a good listener and a proactive person. Opt for coaching like CL for better guidance. Learn how to think analytically and logically and don’t rush to answers.
These are some points that you should keep in mind for the XLRI HRM interview.
Let me strike off IIM Shillong from your list of preferences. This is because no matter how well it is doing, it can never compare to the older IIMs and the recruiting companies know that very well. Now let’s look at the other two options.
NITIE: This option is a feasible one only if you are interested in Operations. I won’t suggest it for any other domain.
MDI Gurgaon: From the alumni base to location advantage, this B School has it all. Now that you have chosen your college, let’s discuss the domain you will be choosing. I will suggest you go for HR only if you are seriously passionate about it. If you are confused between HR and Operations, the best option is the IM course. The PGP-IM of MDI, Gurgaon is the best International management course in India. Its USP is its generic nature making it possible for you to start your career in any domain like marketing, finance, Consulting, or product management.
When considering a post-graduation program in management, PGDM, a Dual Country Program may not offer as many advantages as one might expect. In fact, such programs often come with added costs and require students to spend a year studying in another country, such as Dubai. This can have several drawbacks, including missing out on valuable opportunities for networking and participating in Indian business school competitions. Additionally, when students return to India for placement, they may be competing with a larger pool of students from other programs.
In light of these factors, a more prudent option for some students might be to consider a program at a different institute such as TAPMI, which is lower in rank compared to IMT Ghaziabad. However, this tradeoff may be worth it for some students, as TAPMI offers a more favorable program that may better align with their career goals and aspirations.
TAPMI is a premier management institute in India known for its strong curriculum and industry-relevant courses. The program is designed to equip students with the skills and knowledge needed to excel in a career in management. Additionally, the institute's alumni network of industry leaders can help students to secure internships and job opportunities post-graduation.
When considering a post-graduation program, it's important to research the different options available and weigh the pros and cons of each institute. Researching the institute's curriculum, faculty, and alumni network, as well as speaking to current students and alumni can help you to make an informed decision. Additionally, it would be a good idea to seek the opinion of professionals in the field you are interested in, as they can provide valuable insights into the opportunities and challenges of different career paths.
If you are joining MBA BM at XLRI, be prepared for the rigorous course structure. XLRI batch profile will include students from IITs, NITs, BITS, and other reputed colleges around the country and abroad. So, scoring decent grades won’t be easy.
If you don’t have a decent past academic record, it will be difficult to secure summer internships. But if you have good CPI in XLRI, you can compensate for it. You need to maintain good grades to receive better placements, as well.
Go for the IIM Lucknow ABM program only if you are sincerely inclined towards agri. If not then choosing ABM will limit your career prospects considerably and you might even regret it later.
MDI Gurgaon PGDM is one of the oldest programs that have great value. MDI Gurgaon can easily be called the country’s best B School. The admissions are solely based on merit so the quality of your peers is top-notch. Some major highlights of the institute and its PGDM program are
So you will not regret choosing MDI even over IIM Lucknow.
If you do not have work experience, you may want to reconsider applying to IIM Ranchi as there are very few freshers in the batch. Additionally, the cutoffs for admissions at the institute are unpredictable and can vary widely. Some applicants with very high percentile scores have been rejected, while others with lower scores have been accepted.
It is also worth noting that even applicants with strong work experience and percentile scores may not always be successful in receiving a call or being shortlisted. It is difficult to predict with certainty whether or not you will be accepted to the PGDHRM program.
I can share my brother’s experience for SP Jain School for Global Management. The Global Family Managed Business (Global FMB) is an innovative 12-month Tri-City programme. It is designed to provide the knowledge, skills and attitude required for family-managed businesses to address challenges that are unique to family-managed businesses.
Global intelligence is a unique consequence of the Global FMB programme as participants are given opportunities to live and study at our campuses in Dubai, Mumbai and Singapore, and as a result, develop the skills necessary to take their business global.
For those aspiring to enter the corporate sector, a traditional Master's programme is ideal. The FMB of S P Jain acknowledges that family businesses have unique business and family challenges involving ownership and management issues, and is designed to incorporate comprehensive coverage of these issues.
S P Jain's GFMB promotes all-round development covering all dimensions of family business so that you can operate with experts in all fields.
My friends and I studied at XLRI and it is considered one of the top institutes for MBA in India.
You must do the following before taking any decision
You can get job roles like Talent Acquisition, Human Resource Executive, Salary Incharge, Performance Analyst, Assistant to the HR, etc. Recruiting sectors include Consulting, Digital Media, Educational, Healthcare, Tourism, Insurance, IT, etc.
When it comes to XLRI, very few companies offer a role for HR instead core job roles are more preferred. It has been observed that various HR professionals shift their job to non-HR roles within a couple of years.
Yes, XLRI HRM students get placed in general consulting roles also. According to recent statistics, around 15% of students from HRM get placement opportunities in consulting firms. But most of these consulting jobs offered were either from Big4 or niche HR Consulting firms such as Mercer, Hewitt, Hay, etc. No sales/marketing roles are offered at XLRI. Management Trainee program is the only way to achieve a successful sales stint.